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Eurcadanalysis

EURCAD - Look for a long !! Hello traders! ‼️ This is my perspective on EURCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. My point of interest is if price makes a retracement to fill the imbalance lower and then rejects from bullish order block + trendline. Fundamental news: Next week on Tuesday (GMT+3) we have news on CAD, we will see results of CPI and on Thursday (GMT+3) we have Interest Rate on EUR, news with high impact on currency. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
EURCAD Bullish Robbery PlanMy Dear Robbers / Traders, This is our master plan to Heist EURCAD bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing Low using 3h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday
Long
by Thief_Trader
EURCAD BUY | Idea Trading AnalysisEURCAD is moving under the descending channel The chart is above the support level, which has already become a reversal point twice. We expect a rebound after the support is retested. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURCAD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Long
by TheGrove
7
EURCAD - Look for a short !!Hello traders! ‼️ This is my perspective on EURCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for short position. My point of interest is if price makes a retracement and fills the imbalance higher, then rejects from bearish order block + trendline. Fundamental news: Next week on Tuesday (GMT+3) we will see results of CPI in Canada, news with high impact on currency. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
Could 1.50 Resistance Spark Another 1,000 Pip Drop?The EURCAD pair has been steadily rising since the beginning of the year. After a brief stall at the 1.48 weekly resistance, which was broken last month, we have seen a drop and retest of this level, now acting as support. Price has already surpassed last month’s high this week. So, what’s next? The most logical next target for bulls is the 1.50 resistance, a historically tough level to break over the past four years. Each attempt to move past it resulted in the weekly candle closing below the level. If you read a previous idea I posted last year on this pair we sold at the exact same level In fact if you zoom into the daily charts we can see that price is actually stuck in a near 1,000 pip daily range between 1.51 and 1.42 (see image below) I expect price to move up into the top of the range between 1.50 and 1.51. At this point, I will look for sell signals using my TRFX indicator or signs of slowing momentum on lower time frames. To identify slowing momentum, I examine lower time frame charts (4-hour to daily) for price transitioning into a sideways movement pattern as it approaches the sell zone. Divergence signals on the MACD are particularly useful for spotting this momentum shift. My first target for this position is the previous resistance, now support, slightly below 1.48. Price may see a short bounce at this level and possibly retest 1.50, where we can enter another sell signal. Next, I target a move down to February’s weekly swing low at 1.45, followed by a move to the bottom of the range at 1.42. The likely path is charted below. For this trade to be invalidated, we would need to see a weekly or monthly close well above 1.50, indicating buyers aiming for mid-1.50 levels. Given past reactions at 1.50 and the significance of this high time frame (HTF) level, a sell position is the most realistic approach for now. Let me know your thoughts below.
Short
by TheFxAce
10
EURCAD | Short D1 | Market Exec |Oil Over EuroTechnical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frame. D1 is also entering Overbought Conditions. - Price action is at last month's Resistance Trendline - Price action is in a Consolidation zone - Targeting the 38.2% Fibo retracement Fundamental Confluences for Trade: - ECB plans to cut interest rate next month would weaken the EUR - Oil price should sustain with all the ongoing geopolitical risks; supporting CAD economy Suggested Trade: Entry @ Area of Interest 1.4760 - 1.4790 SL @ 1.4820 TP 1 @ 1.4709 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 1.4664 Risk-to-Reward @ Approx. 2.34 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Short
by weekendanalyst
SELL STOP SHORT EUR/CAD at 1.4713EUR/CAD has been carving out a sideways channel since Friday and the bottom of this channel coincides with the 200 EMA on 15M time frame which is also the 50EMA on H1. A break out of this channel and a break of the supporting EMA's would suggest we are headed lower. If we look at the H4 time frame we can see where the 200 EMA has supported the price and this looks a natural target for EUR/CAD BEARS should the 1.4716 support break. Price ALWAYS returns to the 200 EMA eventually and of course this happens more frequently on the lower time frames. On H1 we last saw the 200 EMA hit last Friday so we can expect to see the price gravitate to this key support level before long and a break of 1.4716 could see the start of a move south. There is no scheduled news expected from the EURO zone and the next CAD news is Fridays CAD Unemployment Change and Unemployment Rate so the the price should drift lower over the next few days as long as the channel is broken.
Short
by forextraplaces
EURCAD - Potential long ✅Hello traders! ‼️ This is my perspective on EURCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block. Fundamental news: Next week on Friday we will see results of Unemployment Rate on CAD, news with high impact on currency. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD